Not too bad for a reasonable mortgage, especially when compared to a 20% deposit. For potential buyers, house prices seem very attractive at the moment, with the price of the national median home just under $ 240,000.

This allows you to finance your expenses dye and minimizes the money you need to close on your home short.

If this is the right time for them, why should not you? Sure, you've heard the warnings not to jump into a refi just because interest rates are low.